Nikkei dioing its best to catch the Dow.

[davelj]

It would be nice if they just waited until the next regularly scheduled meeting on the 29th to give Wall Street the 75 bps it’s begging for. I know that’s asking a lot from a group of circus clowns that essentially bases its policies on Wall Street’s applause meter, but I dare to dream. But because waiting is probably the “right” thing to do, we will probably see the opposite – a “surprise” cut this week. The most profitable trading strategy of the last decade has been to “trade assuming the Fed will do the most irresponsible thing.” We’ll see if that trade is at the end of its rope or not. I’m cautiously optimistic.

[Anonymous]

I’d guess that we could see some sort of rate cut announcement by the fed before the market opens tomorrow, especially if world markets do poorly tonight as well.

[Anonymous]

I’d guess that we could see some sort of rate cut announcement by the fed before the market opens tomorrow, especially if world markets do poorly tonight as well.

[Anonymous]

I’d guess that we could see some sort of rate cut announcement by the fed before the market opens tomorrow, especially if world markets do poorly tonight as well.

[Anonymous]

I’d guess that we could see some sort of rate cut announcement by the fed before the market opens tomorrow, especially if world markets do poorly tonight as well.

[Anonymous]

I’d guess that we could see some sort of rate cut announcement by the fed before the market opens tomorrow, especially if world markets do poorly tonight as well.

[Running Bear]

This is the problem gents. If they cut now it is a clear panic move. Who here is going to all of a sudden jump into stocks because interest rates go down another .50 or even 1.00. They would have to flood the market with massive amounts of cash to try and defend this target rate. If there is a bounce it won’t last very long. However, what if the banks basically say no thank you and keep their lending rates up and don’t drop them. This is ugly and dropping rates at this point won’t change the negative fundamentals in the near term. We are at a point where wealth preservation is paramount. During the Savings and Loan blow up in the early 90’s banks were going under at a clip of 2 a day. If you don’t think some of these big banks could go under with the current situation you are wrong. Please protect yourselves.

My2Cents

[Running Bear]

This is the problem gents. If they cut now it is a clear panic move. Who here is going to all of a sudden jump into stocks because interest rates go down another .50 or even 1.00. They would have to flood the market with massive amounts of cash to try and defend this target rate. If there is a bounce it won’t last very long. However, what if the banks basically say no thank you and keep their lending rates up and don’t drop them. This is ugly and dropping rates at this point won’t change the negative fundamentals in the near term. We are at a point where wealth preservation is paramount. During the Savings and Loan blow up in the early 90’s banks were going under at a clip of 2 a day. If you don’t think some of these big banks could go under with the current situation you are wrong. Please protect yourselves.

My2Cents

[Running Bear]

This is the problem gents. If they cut now it is a clear panic move. Who here is going to all of a sudden jump into stocks because interest rates go down another .50 or even 1.00. They would have to flood the market with massive amounts of cash to try and defend this target rate. If there is a bounce it won’t last very long. However, what if the banks basically say no thank you and keep their lending rates up and don’t drop them. This is ugly and dropping rates at this point won’t change the negative fundamentals in the near term. We are at a point where wealth preservation is paramount. During the Savings and Loan blow up in the early 90’s banks were going under at a clip of 2 a day. If you don’t think some of these big banks could go under with the current situation you are wrong. Please protect yourselves.

My2Cents

[Running Bear]

This is the problem gents. If they cut now it is a clear panic move. Who here is going to all of a sudden jump into stocks because interest rates go down another .50 or even 1.00. They would have to flood the market with massive amounts of cash to try and defend this target rate. If there is a bounce it won’t last very long. However, what if the banks basically say no thank you and keep their lending rates up and don’t drop them. This is ugly and dropping rates at this point won’t change the negative fundamentals in the near term. We are at a point where wealth preservation is paramount. During the Savings and Loan blow up in the early 90’s banks were going under at a clip of 2 a day. If you don’t think some of these big banks could go under with the current situation you are wrong. Please protect yourselves.

My2Cents

[Running Bear]

This is the problem gents. If they cut now it is a clear panic move. Who here is going to all of a sudden jump into stocks because interest rates go down another .50 or even 1.00. They would have to flood the market with massive amounts of cash to try and defend this target rate. If there is a bounce it won’t last very long. However, what if the banks basically say no thank you and keep their lending rates up and don’t drop them. This is ugly and dropping rates at this point won’t change the negative fundamentals in the near term. We are at a point where wealth preservation is paramount. During the Savings and Loan blow up in the early 90’s banks were going under at a clip of 2 a day. If you don’t think some of these big banks could go under with the current situation you are wrong. Please protect yourselves.

My2Cents

[Aecetia]

Guns are better than gold.

[Aecetia]

Guns are better than gold.

[Aecetia]

Guns are better than gold.

[Aecetia]

Guns are better than gold.

[Author]

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